Member Info for NorthernMagic

Is imho exactly what is required. Let's hope given the ongoing discussions that as quickly as possible can be taken as exactly that and this phase in the development in the Paradox doesn't become some undefined period in the future.

Atb,

Northern

North. Do people think whatever is discussed at the AGM will make a difference or is it just future RNSs with further positive news that will push the sp higher?

Atb,

Northern

Does Falcon Oil and gas get any revenue from sales of the gas that is currently being produced?

Atb,

Northern

Like the 60 day testing results 🙂

Atb,

Northern

Seen it before on these bulletin boards and don't want to wasting time reading these sorts of posts.

I'm happy to hold here and to see where the company is at by Christmas.

See you then and hopefully the sp will be much higher by then.

Atb,

Northern

Side = word

I must admit I thought along similar lines i.e. any extra revenue would be beneficial. Maybe I've used the wrong side but a number of probably more experienced investors than me have suggested it's just a sideshow. I suppose in time we will see what any acquisitions being to the table.

Atb,

Northern

Beneficial that I thought it might be here is hoping that behind the scenes the Zephyr box are getting things done that will be of real benefit to the company and it's shareholders - hopefully news soon - it's been promised.

Atb,

Northern

Yes, I believe they are wanting to add to their non-op assets in order to build firm foundations and use this to help with admittedly is their main objective developing the Paradox, as they have done with their previous non-op acqusitiins.

Atb,

Northern

Best of luck. Personally I think you've made the right decision and presumably you've dyor.

I think this is around the lowest price the Zephyr sp will be. They've just got to start delivering on some of their promises now and I think then things will move. They've got some initial plans and I think if they really are going to move forward big time a few things will need to be achieved - first to get production moving and get a plan and a farm in partner to help execute the plan. Further get some of that $100m deployed and working.

Atb,

Northern

Hopefully we will get an RBS when the pipeline construction commences which will give us a rough indication of when it will complete.

Onwards and upwards.

Atb,

Northern

Maybe tomorrow?

Atb,

Northern

Positive impact on the sp but it doesn't appear to be the case. Maybe as more of this positive news builds it will start to have an impact.

Atb,

Northern

Website 're the signing ceremony. Hopefully more news to be relayed by Aminex soon.

Atb,

Northern

In terms of what might be required if there was interest in developing it. However, won't Falcon be in a similar situation they were in so the the Beetaloo. Firstly they will need quite a lot of funds to find some Seismic and if exploration wells required they will need substantial funding for that and presumably a drilling partner with lots of funding too.

At the moment therefore South Africa seems very much one on the backburner unless there is a policy decision that is made to develop the shale resources.

Atb,

Northern

Believe in the company or you don't. I'm happy to stick with the company and am hoping for an sp of 7-8p by Christmas. It will be interesting to see where the company is in 6 months time after all the promised newsflow.

Atb,

Northern

Must admit I appreciate the potential but get frustrated at the waiting. What I would like to see them do and soon is

1. Get production started.

2. Get the CPR updated.

3. Make acquisitions with the 100m dollar facility.

4. Get a recognised partner in - they have the experience and knowledge to know who to go for.

5. Build a strategy with new wells planned.

If they start ticking things off in the not too distant future then people will believe they can do it, otherwise all they will keep seeing is there will be news in the next few months without substantial news arriving.

Atb,

Northern

Some of that positive news flow next week that we have been promised.

Atb,

Northern

I sincerely hope so. It's been so long without any real action that I'm still taking today's news in.

Atb,

Northern

A 2p share price by this Christmas - that gives them approximately 6 months to report progress and have an impact on the sp.

Atb,

Northern